£175,181
This estimated value is based upon the latest sale price for the house of £39,000 on 1 Apr 1999. This value is then adjusted by the current Official House Price Index for DURHAM 1
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| Price Paid | Date |
|---|---|
| £39,000 | 1 Apr 1999 |
| £39,000 | 9 May 1995 |
| Detached |
| Freehold |
This model uses changes in the Official Land Registry House Price Index for DURHAM to estimate the market value.
When this house was purchased in April 1999 the House Price Index for DURHAM was 33.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 349.184%.Applying this 349.184% change to the original purchase price of £39,000 results in an estimated price of approximately £175,181.
| 1 Apr 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 33.3 | 149.7 | 349.184 % | £39,000 | £136,181 | £175,181 |
The Postcode Pricing Model uses changes in average sales price within the SR7 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 195.240 % | £76,143 | £115,143 |
| 3 Month Average | 246.867 % | £96,278 | £135,278 |
| 6 Month Average | 216.913 % | £84,596 | £123,596 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Apr 2024 | £118,025 | £117,000 | 94 PRINCESS ROAD |
| 30 Oct 2023 | £286,507 | £280,000 | VINCENT LODGE VINCENT STREET |
| 13 Oct 2023 | £92,086 | £89,995 | 3 UNION STREET |
| 16 Jan 2023 | £65,174 | £65,000 | 28 JAMES STREET |
| 21 Nov 2022 | £39,814 | £40,000 | 86 PRINCESS ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Malcolm Street |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Beaumont Street |
| Aug 2024 | Anti-social behaviour | On or near Beaumont Street | |
| Aug 2024 | Anti-social behaviour | On or near Beaumont Street | |
| Aug 2024 | Anti-social behaviour | On or near Beaumont Street |